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AGL Resources (NYSE:GAS) shares reached a new 52-week high during trading on Thursday , American Banking and Market News reports. The stock traded as high as $54.48 and last traded at $54.41, with a volume of 239,163 shares. The stock had previously closed at $53.96.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of AGL Resources from a “neutral” rating to an “outperform” rating in a research note on Friday, May 2nd. They now have a $65.00 price target on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of AGL Resources in a research note on Thursday, April 17th. They now have a $53.00 price target on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $51.00.

The stock’s 50-day moving average is $53.06 and its 200-day moving average is $49.06. The company has a market cap of $6.503 billion and a price-to-earnings ratio of 14.28.

AGL Resources (NYSE:GAS) last released its earnings data on Tuesday, April 29th. The company reported $1.37 earnings per share for the quarter, missing the analysts’ consensus estimate of $2.26 by $0.89. The company had revenue of $2.56 million for the quarter, compared to the consensus estimate of $1.71 million. During the same quarter last year, the company posted $1.31 earnings per share. AGL Resources’s revenue was up 50.0% compared to the same quarter last year. Analysts expect that AGL Resources will post $4.06 EPS for the current fiscal year.

In other AGL Resources news, CEO John W. Somerhalder II unloaded 3,500 shares of the stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $53.66, for a total value of $187,810.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

AGL Resources Inc (NYSE:GAS) is an energy services holding company whose principal business is the distribution of natural gas.

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